Tech Company Financing Transactions
Melius Cyber Funding Round
Melius Cyber, based in Newcastle upon Tyne, secured $650 thousand from North East Venture Fund and private investors.
Transaction Overview
Company Name
Announced On
10/14/2024
Transaction Type
Venture Equity
Amount
$650,000
Round
Undisclosed
Investors
North East Venture Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to launch a new version of its platform, expand its team with the creation of six new jobs, work towards building a full security operation centre (SOC) and a security information and event management (SIEM) solution.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Hadrian House, Beaminster Way
Newcastle upon Tyne, NE3 2ER
UK
Newcastle upon Tyne, NE3 2ER
UK
Phone
Website
Email Address
Overview
Melius Cyber was set up with the aim of bringing clarity and cost efficiency into the cyber security arena. To help our customers understand threats and understand the solutions. We wanted to deliver clear reports that enable our customers to reach levels of cyber security certifications such as Cyber Essentials Plus, Cyber Assured and ISO27001 with confidence. This is why we developed Cyber Safe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Matt Little
Chief Executive Officer
Richard Brown
Chief Technical Officer
David McPherson
VP - Bus. Development
Eldon Jobe
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